"I have been accumulating evidence against you for some time. You have struck at me and at my friends time and again. It is my time to strike now, and I shall strike hard."

The dangerous smile which friends and enemies alike had come to know so well rested on Merriwell's face. Agnew had seen it there before, and the sight of it made him shiver.

"Badger used that shell—or one of the shells, and only chance saved him from being killed or maimed for life. Not satisfied with that, you struck at him to-day again."

"You're crazy, Merriwell! There is not a word of truth in any of these things. You have fancied them all, and, because you do not like me, you are determined to ruin me."

"You have ruined yourself, Agnew. I have given you chance after chance to reform and change about. You get worse. You are a disgrace to humanity, to say nothing of Yale College. You struck at Badger to-day, as I said.

"I know all about it. Professor Barton fancies that he caught Badger cribbing in to-day's examination. The matter has already gone to the faculty. Badger will go out of Yale as sure as the sun rises if things are permitted to go on. I propose to see that they do not go on. No scoundrel like you, Agnew, shall treat a friend of mine in that way."

"So he has become your friend, has he?"

"No man shall treat one of my foes in that way, if I can help it!"

Agnew attempted a skeptical sneer, but it was a failure. He was shaking like a chilled and nervous dog.

"I have had a talk with Badger. He couldn't understand how the papers got into his pockets. But I knew as soon as he told me of your encounter in that saloon last night, for I had seen the slips purporting to be in his handwriting, and I knew they were forged, and I was sure you were the forger!"